Hi,
Mrboot and Iudica, we know that the two features that highlight in our project are the use of functional programming and decentralized debits cards, which both go to be our two main pillars. We are going to focus and develop these characteristics no matter how much funding we get.
When the ICO is over will there be a wallet directly available?
And the debit cards are a great idea, also for that will there be needed some corporation with mastercard or visa? Or just opair debit cards and retailers will need a separate terminal for accepting them?
1) Look the point 2 here:
2) Well, a few days after (less than a week) the ICO ends will be available a basic wallet to make the distribution but our platform will take a while to become available. We hope in the first month (at first we said two weeks because we thought we would accomplish our goal of 700 bitcoins. With current funds, all dates are being reviewed. We are also optimistic to reach our goal in the final days.) to launch the first open beta.
- Since we are working on code from scratch, we are going to offer a basic wallet (after the ICO) which will migrate to the new platform when ready.
- As we said throughout the thread, the idea is to launch a basic platform shortly after the ICO ends to start the distribution and, at the same time, try out the first Beta versions of our new platform. Once we have our first stable version we will transfer everyone to it on a pre-set date so as everybody is on the loop and no one is taken by surprise. The mining will continue on the new platform taking into consideration the stage found under the rules set it in here. We estimate that we will have the first public Beta two weeks after we finish distributing the ICO and the first steady version two months after the ICO. It may seem like a lot of time at first, but in order to achieve a solid and steady development it is truly a short one. Fortunately, we have been working on this project for months now and our expectations are high.
2) No, we are not going to need any third party and retailers will not change their terminals. Take a look and let me know if you have any other questions:
- Decentralized debit cards
Debit cards were in our minds since day one, for it is one of the preferred payment methods of customers nowadays and we aim to mass market adoption, so this goal may not be too surprising. The idea is to eliminate all the intermediaries in the process in order to save time and money, and also the unwanted consequences that brings centralization (frozen accounts, delays, usage of our own private information, etc). Note that it will have disadvantages such as if you wish to create and load your own cards you will need to have a particular hardware. On the other hand, there will be lots of payment terminals/point of sale terminals that will receive a special update with a custom firmware made by us in order to accept our debit cards (this will happen with payment terminals/point of sale non- EMV compatibles). In most terminals compatible with EMV (for more information about EMV visit: http://www.emv-connection.com/emv-faq/ and https://www.level2kernel.com/emv-guide.html) will work without any problems but you can still use our firmware to have advantages like counting with Opair´s branding or offer high performance.
Our final goal it is that any person can create their own debit card, anywhere, and a few moments later, carry it out and about without difficulties. We would like to be the firsts in launching this feature that we will be seeked and cherished in the near future and as we are an open source project we would like to share it to all the community as we understand this philosophy as a benefit that benefits the community as a whole. This will also allow growth, improvement and usage from other projects. Regards
